Equity Analyst, LightStream Research

Shifara Samsudeen, FCMA, CGMA

A chartered management accountant with more than 10 years of rich experience in investment research and financial analysis. Worked as an equity analyst for one of the world's largest asset managers with USD2.5trn in AUM covering numerous sectors including chemicals, retail, tech, autos, telco, real-estate and banks, globally. Experienced in fundamental equity research, industry research, commodity studies, forensic accounting, and due diligence reviews.

Equity Analyst

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Nihon M&A: Puts Aside Mid-Term Growth Plan by Two Years

Nihon M&A: Earnings Miss, No Indication of a Business Turnaround Yet

Recruit Holdings: Weakening Job Markets and New Pricing Model to Impact HR Tech Further

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/nihon-m-a-center-inc" target="_blank" data-smartkarma-citation="entities:17616:1" rel="noopener">Nihon M&amp;A Center's</a> share price has dropped more than 50% YTD despite several news media outlets reporting that there has been a surge in M&amp;A activity among Japanese companies.</li>
<li>At the same time, the Japanese government also issued new guidelines to promote more M&amp;A activities in the nation to boost competitiveness.</li>
<li>The no. of M&amp;A transactions for the company has continued to grow however, value per transaction has been on a declining trend suggesting these deals are smaller in size.</li>
</ul>



Nihon M&amp;A Center's share price has dropped more than 50% YTD despite several news media outlets reporting that there has been a surge in M&amp;A activity among Japanese companies.
At the same time, the Japanese government also issued new guidelines to promote more M&amp;A activities in the nation to boost competitiveness.
The no. of M&amp;A transactions for the company has continued to grow however, value per transaction has been on a declining trend suggesting these deals are smaller in size.


Nihon M&A: Not Many Catalysts to Move the Stock Price Up